11.02.2009

New Jersey gubernatorial: A race to watch

Chris Christie: 'I'm a Tax Cutter'

Excerpt:

With the New Jersey governor's race coming down to the wire, Republican Chris Christie has been criticized for not being specific enough about his tax plans. In an interview with us this week, though, he had plenty to say. "My plan is to lower taxes each and every year that I'm governor," he said. His aim is to reduce the state's tax burden -- now the highest in the nation -- below those of next-door New York and Connecticut. "And we're going to do it over four years," he says.

For now, Mr. Christie offers two tax pledges for his first year: repeal a Corzine property tax hike and allow a Corzine income tax hike to expire. As a result, he says, the top income tax rate would drop back down to 8.9% from 10.75%, and more than a million people would receive property tax rebates. The cost would be roughly $1.5 billion, which he says would be offset with spending cuts.


Comment: Up against the incumbent. I understand the polling shows a tight race. (We lived in New Jersey for 7 years. Taxes are very high there (really all along the NE coast)

Update: Latest polls have Christie ahead! But within the margin of error!

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